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For Sale
$58,000
Unit 04
MLS# N12726726540 Davis Drive 04, Newmarket, ON L3Y 2P3
0bed|0bath|-sqft
0parking|0locker
Commercial0
213 days on market
+7 more
1 / 9
Unit 3 at 540 Davis Dr
For Sale540 Davis Drive 3, Newmarket, ON L3Y 2P3
MLS #N12483596
$59,000
Listed Price
About This Property
Excellent opportunity to own a well-established convenience store in the heart of Newmarket! The current owner has successfully operated this business for over 15 years and is now retiring. Located in a busy commercial Plaza with ample parking lot, leading edge to the old downtown surrounded by major amenities including a hospital, medical offices, restaurants, and residential communities, providing steady customer traffic year-round. Huge potential to grow sales by adding Beer & Wine sales and a **Vape Shop**. Very low rent of **$2,862.48/month (TMI, HST & Water included)** with lease until **June 30, 2026** plus **5-year renewal option**. Perfect for a hands-on owner or family operation.
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting expenses. Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$59/sqftCentral Newmarket
$525/sqft-88.8%
Newmarket
$544/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1000 sqft.
Property Details
Bathrooms
1
Property Type
Commercial
ParkingNo
Parking TypeNone
LockerNo
Heating TypeNone
Ensuite LaundryNo
MLS Size-
Listed OnOct 25, 2025
0
Available For Sale in This Building
OQ
Your Agent
OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building Name540 Davis Dr
Address540 Davis Dr Glenway, Newmarket
Parking Type
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About Unit 3 at 540 Davis Dr
Unit 3 is a commercial, 1 bathroom located at 540 Davis Dr, 540 Davis Dr Glenway, Newmarket. This unit is currently for sale at $59K.
About 540 Davis Dr
540 Davis Dr is located at 540 Davis Dr Glenway, Newmarket. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Central Newmarket Neighbourhood
This unit is located in Central Newmarket, part of Newmarket in the York area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at 540 Davis Dr, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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